Dayton, OH - House Price Index (HPI)
Dayton Real Estate Market Forecast
The House Price Index (HPI) shows changes in Dayton, OH single family home prices in logarithmic
scale. The March, 1995 index value equals 100.  Real estate forecasts, analysis, statistics and
appreciation rates are provided below.
Dayton Real Estate Market: Trend Outlook, Analysis & Statistics
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Commentary  27675
3rd Quarter, 2017 Housing Statistics: Dayton, Ohio


Part 1: HOUSING MARKET FORECAST

12 Month Forecast:        UP
Forecast Accuracy:      88%

LittleBigHomes.com publishes forecasts for the trend in home prices in 380
Metropolitan Statistical Areas. The House Price Trend will be either UP or
DOWN. The forecast for the trend in the Dayton housing market for the 12
months ending with the 3rd Quarter of 2018 is UP. The Accuracy of the Trend
Projection for Dayton is 88%. In other words, when tested against historical
data, the forecasting methodology was correct 88% of the time. Accordingly,
LittleBigHomes.com estimates that the probability for rising house prices in
Dayton is 88% during this period. If this Housing Market Forecast is correct,
home prices will be higher in the 3rd Quarter of 2018 than they were in the 3rd
Quarter of 2017. Check this page each quarter for updates to the Dayton Real
Estate Market Forecast.


3 Year Forecast:            UP
Forecast Accuracy:      81%

The forecast for the trend in the Dayton housing market for the 3 years ending
with the 3rd Quarter of 2020 is UP. The Accuracy of the Trend Prediction for
Dayton is 81%. In other words, when tested against historical data, the
forecasting methodology was correct 81% of the time. Accordingly,
LittleBigHomes.com estimates that the probability for rising house prices in
Dayton is 81% during this period. If this Housing Market Forecast is correct,
home values will be higher in the 3rd Quarter of 2020 than they were in the 3rd
Quarter of 2017. Check this page each quarter for updates to the Dayton Real
Estate Market Forecast.




Part 2: MARKET SUMMARY
3rd Quarter, 2017 Housing Data: Dayton, Ohio


Historical Home Price Appreciation
Last Quarter                                     1.66%
Last Year . . . . . . . . . . . . . . . . . . . .  4.5%
Last 5 Years                                     14%
Last 10 Years . . . . . . . . . . . . . . . . . 2%
Last 20 Years                                   27%



Annual Home Price Appreciation Rates
1987      9.18%
1988      5.88%
1989      4.77%
1990      3.83%
1991      4.08%
1992      3.47%
1993      4.08%
1994      3.63%
1995      4.74%
1996      1.86%
1997      4.19%
1998      3.65%
1999      0.84%
2000      3.18%
2001      4.14%
2002      2.35%
2003      3.03%
2004      3.36%
2005      2.63%
2006      0.22%
2007      -1.17%
2008      -3.67%
2009      -2.10%
2010      -1.43%
2011      -3.55%
2012      -0.74%
2013      -1.39%
2014      2.35%
2015      3.36%
2016      4.37%


Real Estate Appreciation, Rank & Percentile
Last Quarter                              1.66%         Rank: 175 of 381 (54th Percentile)
Last Year  . . . . . . . . . . . . . . . .  4.5%           Rank: 231 of 381 (39th Percentile)
Last 5 Years                              14%            Rank: 244 of 381 (36th Percentile)
Last 10 Years  . . . . . . . . . . . .   2%              Rank: 235 of 381 (38th Percentile)
Last 20 Years                            27%            Rank: 374 of 379 (1st Percentile)


The change in home prices for Dayton, OH are shown above for five time
periods. For example: Dayton appreciated 1.66% in the Last Quarter. At that
rate, the Dayton Real Estate Market was ranked 175th out of 381 metropolitan
Real Estate Markets. Dayton was in the 54th percentile. So Dayton, OH
performed better in the Last Quarter than 54% of the 381 metropolitan areas
covered in LittleBigHomes.com.

























Part 3: MARKET HIGHLIGHTS
3rd Quarter, 2017 Housing Statistics: Dayton, Ohio

The all time high in the Dayton Home Price Index was 139.5 in the 3rd Quarter,
of 2017.  The Home Price Index indicates that the Dayton Market is up 2% over
the last 10 years. Home prices in the Dayton Real Estate Market have gained
4.46% over the last 12 months. Over the last thirty years, it is up 90%.

The 3rd Quarter index value was 2.28 points higher than the 2nd Quarter, 2017
index value of 137.19, resulting in a 1.66% rise in the 3rd Quarter for the
Dayton Market.

The Dayton Home Price Index has increased for the last 2 consecutive
quarters. The current record holders for consecutive increases in the Home
Price Index are Phoenix, AZ; Houston, TX and Boise City, ID, with increases in
the last 25 consecutive quarters. The current record holder for consecutive
declines in the Home Price Index is Carbondale, IL, with declines in the last 3
consecutive quarters.

The highest annual change in the value of houses in the Dayton Real Estate
Market was 20% in the twelve months ended with the 1st Quarter of 1979. The
worst annual change in home values  in the Dayton Market was -10% in the
twelve months ended with the 1st Quarter of 1982.

The highest growth in home values in the Dayton Real Estate Market over a
three year period was 25% in the three years ended with the 3rd Quarter of
1988. The worst performance over a three year period in the Dayton Market
was -11% in the three years ended with the 2nd Quarter of 2011.

This page provides a long term graph of the Dayton Home Price Index (above).
For information about Ohio home values, click Real Estate Market Forecasts in
the navigation bar at the top of this page.  You'll see long term charts and
analysis that will provide tremendous insight into the historical trends of
residential property values. Bookmark this page! Then LittleBigHomes.com's
detailed research and statistics about Dayton Home Prices will be at your
fingertips when you need them.

All calculations are based on the quarterly value of the House Price Index for
the Dayton Market. The terms House Price Index and Home Price Index, as
used in this site, refer to the Federal Housing Finance Agency (FHFA) House
Price Index.

Significant time is required to research quarterly sales price and appraisal data
from mortgage transactions in the Dayton Real Estate Market and hundreds of
other cities. As a result, Home Price data is not available for a number of
months after the end of each quarter.



Part 4: APPRECIATION RATES & RANKINGS
3rd Quarter, 2017 Housing Data: Dayton, Ohio

The trend of Dayton Home Prices relative to 380 other metropolitan areas is
detailed below. Each metropolitan area contains one or more cities. Five
different time periods are reviewed.  Each paragraph identifies the top and
bottom performing markets as well as the average and median performance for
all cities during each time period.

Last Quarter:
During the 3rd Quarter of 2017, Dayton Home Prices had a rank of 175, with
appreciation of 1.66%. The top performing real estate market during the 3rd
Quarter was Pine Bluff, AR, with a rise of 7.86%. The worst market during that
period was Weirton, OH, with appreciation of -9.33%.
The median for all cities during the 3rd Quarter was 1.52%. The average for all
markets during the quarter was 1.39%.

Last Year:
During the last 12 months, Dayton Home Prices had a rank of 231, with
appreciation during the year of 4.46%. The top performing market during the
last year was Seattle, WA, with an increase of 14.2%. The worst real estate
market during that period was Lawton, OK, with appreciation of -7.3%.
The median for all markets during this period was 5.41%. The average was
5.42%.

Last 5 Years:
Over the 5 years ended with the 3rd Quarter of 2017, Dayton Home Prices
ranked 244, with a total appreciation of 14.2%. The top performing real estate
market during the 5 year period was Reno, NV, with a growth in value of 95%.
The worst market during that period was Lawton, OK, with appreciation of -7%.
The median for all cities during this time period was 20%. The average over the
5 years was 26%.

Last 10 Years:
During the 10 years ended in the 3rd Quarter of 2017, Dayton Home Prices had
a rank of 235, with appreciation during the decade of 2%. The top performing
market during the period was Denver, CO, with a rise of 63%. The worst real
estate market during the 10 year time period was Atlantic City, NJ, with
appreciation of -28%.
The median for all markets during the last 10 years was 5%. The average for
the cities over that time frame was 7%.

Last 20 Years:
During the 20 years ended in the 3rd Quarter of 2017, Dayton Home Prices had
a rank of 374, with total growth over the 20 year period of 27%. The top
performing real estate market during the period was San Francisco, CA, with an
increase of 283%. The worst market during the last 20 years was Mansfield,
OH, with appreciation of 20%.
The median for all cities during the last 20 years was 80%. The average for the
markets over that time frame was 89%.

Historical research data on the Home Price Index for the Dayton Real Estate
Market is available back to the 2nd Quarter, of 1977. All calculations are based
on the quarterly value of the House Price Index for Dayton. Real estate
appreciation figures represent total net increase or decrease over each time
period. (Unless specifically stated, the figures do not represent annual or
quarterly rates of change.)



Data Source for Commentary & Charts: Federal Housing Finance Agency
Updated Tuesday, December 19, 2017.
SignalTrend  Inc. 2008 - 2017; All rights reserved.


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